MoneySaving Poll: When do you think interest rates will go up? 28 September 2015 at 11:44AM edited 28 September 2015 at 3:18PM in Money Saving Polls 2 replies 2.4K views

Former_MSE_Rosie

Poll started 28 September 2015

When do you think interest rates will go up?

The base rate has been on hold at its historic 0.5% low since March 2009. The result has been been record low borrowing rates but shocking savings returns. But when do you think they will eventually rise? Dust off your crystal ball and give us your prediction (we asked this last in 2013; it'll be fascinating to see how it's changed).

So when will interest rates rise? Pick the closest to your view.

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Thanks!

Oblivion

Not much interest so far Rosie.

Gemini.IDF

We saved hard for retirement and thought the interest from them would top up our State Pensions! For a while it did, but the last several years have seen our savings income drop by three-quarters! We can't claim Pension Credit or Help with Council Tax either because the Goverment assumes astonishing rates for every £100 of savings! :eek: Would that they were as high as this. We'd be rich! It makes us think we were mugs to save for our retirement. People we know have earned far more than us during their working lives and spent it all. Now they're there with their hands out and getting all the benefits going! Recently the Media have been talking about abolishing universal benefits for the retired too! We'll be paupers if they do!